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U.S. Targets Cuban Economic Powerhouses

U.S. Targets Cuban Economic Powerhouses

Published 15 hours ago
Description

The U.S. slams new sanctions on five key Cuban state firms, including GAESA, which controls nearly 40% of Cuba’s economy, aiming to pressure the regime and warn foreign investors. These companies manage logistics, government finances, and banking—critical for Cuba’s struggling economy already reeling from blackouts and shortages. Cuba’s foreign minister calls the move a crime and claims resilience, while the U.S. insists the sanctions target the regime, not Cubans. This comes just after Cuba unveiled economic reforms, but Washington’s move signals no support, likely worsening Cuba’s crisis.

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